Closing my FHA nightmare tomorrow

By
Real Estate Agent with AVALAR Pro Realty
After 91 days from the original date of quit claim deed. We are finally closing my nightmare..... This home has been a challenge. This was suppose to be a very easy check. Approved buyers, found a home that was not on the market yet, we could close in less than two weeks. Yea right!!!! One hurdle after another. This home is truly a blessing for the buyers...... Just everyone remember if you have a quit claim and the people are getting a FHA loan. You have to wait 91 days from that date to close...
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Rainmaker
179,033
Dawn Workman
Veracity Real Estate Group, LLC - Camas, WA
Camas Real Estate Expert, MBA, 480-540-8100
YUCK, at least it will be over in 24 hours from now.  Good luck!
Jul 05, 2007 11:26 PM #1
Rainer
111,146
Generation Mortgage
Generation Mortgage Company - Atlanta, GA
nu62 | A New View of Aging-in-Place
Best of luck.  At least you got over that hurdle and can look back when it is all said & done and say you did it! 
Jul 05, 2007 11:45 PM #2
Rainmaker
204,774
Chris Tesch
RE/MAX Bryan-College Station - College Station, TX
College Station, Texas Real Estate
Wow, long road to follow, but hopefully a successful conclusion soon!!
Jul 06, 2007 12:24 AM #3
Rainer
13,248
Michael Schindler
Your IRA guy! - Galesville, WI

The loan officer should have told you that would happen form day 1-we, as loan oofficers, are the "experts" of the money as the realtors are the experts in getting the buyers and sellers together and fairly negotiated!

They could have always went subprime then refinanced into an FHA without paying 2 sets of closing costs-I hope the loan officer offfered that possibility?  If not, then, at least now you know a little about FHA-and will hopefully work with a loan officer that knows more than you do about them!

Anyway......Congrats-it's almost closed!

 

 

 

Jul 06, 2007 12:31 AM #4
Rainer
32,580
Michelle Way
AVALAR Pro Realty - Jackson, MS
ABR, GRI, WCR
Thanks everyone for the comments and Michael the loan officer never offered that possiblity... GMAC
Jul 07, 2007 11:22 PM #5
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Rainer
32,580

Michelle Way

ABR, GRI, WCR
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